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Thursday, January 9, 2014

Persistent Systems earlier recommended @ Rs @ Rs.430 /- ( Old Link HERE) .Today stock closed @ Rs.1015 .Company will declare its December quarter result on 25th January .I believe ,Persistent is one of the most promising IT company from mid cap space. Even this stock already appreciated close to 140 % from the recommended level,still recommending to HOLD it for long term in your core portfolio.

10 comments
:

Dear sir,Market really agrees to ur words very seriously. its evident from the price movments of ur recommendations.Pls share ur views on TTL as its coming out of PCA next week.However most of the stocks have moved greatly before coming out of PCA. But TTL is an exception.waiting for ur reply .

This is the result time ( December Quarter) .Near term outlook of all stocks depends on the upcoming results.I am expecting a not so bad result for Alphageo .But If you are not interested to take that risk, either you can exit or partly book profit.

Dear VP,I am working in this industry for around 15yrs and never saw a resume of an employee who worked in persistent, or someone who talks about them, i feel something fishy in this, it feels like a fraud to meThanks,jay.

You should visit Pune. It has a large campus in Pune and another one in Nagpur. It used to recruit heavily from our department when I passed out. You can speak to the students of any Pune computer science colleges they will tell you about it.